Key Highlights
- Data Patterns is an aerospace electronics solutions provider. The company gives support to Indian defense in air, land, sea, and space.
- This public issue had a price band from ₹555 to ₹585. The final price was set at ₹585.
- The IPO started on Dec 14, 2021, and ended on Dec 16, 2021. Its ipo allotment status was finalized on Dec 21, 2021.
- The offer had a fresh issue and an offer for sale. Anchor investors were also a part of the allocation.
- Retail investors had to get one lot with 25 shares. You could send your ipo application form online.
- There was strong demand. However, the market risks and valuation were still important.
Introduction
If you are watching defense listings, you should know about the Data Patterns IPO. The company is important for the Indian defense area and works in the aerospace electronics sector. It designs, makes, and tests products, and gives full help for these products through their whole life. Data Patterns was started in 1985. Since that year, it has built strong development capabilities. These include hardware, software, firmware, and mechanical systems.
The company works with things used in space, air, land, and sea. Data Patterns’ work for many areas makes its IPO stand out for investors. If you want info about the company, prices, dates, or risks, this listing is easy to read and use.
Key Highlights of the Data Patterns IPO
Data Patterns started its book-built IPO with each share having a face value of ₹2. The final price for the issue was set at ₹585. The company does work in many areas, including several aerospace platforms and defense programs. This helps it have a wide base for its work.
The problem had two parts. The first part was a fresh issue of shares. The second part was an offer for sale. The net proceeds from the fresh issue were going to be used to pay back debt. The money would also help with working capital, facility upgrades, and other needs of the business. The company works with a strong vertical integration model. The next parts will talk about this model, pricing, and value in clear and simple words.
Business Model and Industry Overview
Data Patterns is a solutions provider that gives help with aerospace electronics solutions. The company works in the indigenously developed defense products industry. Data Patterns offers support across the entire spectrum of defense. They help in many areas, like space, air, land, and sea. To put it simply, Data Patterns makes sturdy and dependable products for defense and all types of aerospace platforms.
The company’s core competencies include electronic hardware design, software design, firmware design, mechanical design, product prototype design, functional testing, and environment testing. With these skills, the company can make and support electronic systems that are used in aerospace applications and strategic defense.
The company gives many engineering services opportunities. These services are in design, making products, seeing if they meet standards, and giving long-term support. Its Chennai facility is 100,000 square feet in size. It sits on 5.75 acres of land. The company will get more acres of adjacent land for further expansion. This base lets the company use a vertically integrated defence model. They do development capabilities in-house.
Price Band, Market Cap, and Valuation Metrics
For investors, the main thing to know about Data Patterns is the price band and the face value. The price band for the Data Patterns IPO was from ₹555 to ₹585 for one share. Each share had a face value of ₹2. The final issue price for each share was set at ₹585.
On the first day that the company got listed, its market cap was about ₹3,917.44 crore based on the closing price. There is not a full set of facts given for ratio checks like P/E for this IPO. So, it is good to talk in simple words about its price, the way it was offered, and its main book value and net worth.
| Metric | Details |
|---|---|
| Face value | ₹2 per equity share |
| Price band | ₹555 to ₹585 |
| Final issue price | ₹585 per share |
| Total issue size | ₹588.22 crore |
| Listing day market cap | ₹3,917.44 crore |
| Net worth as of Mar 31, 2021 | ₹207.47 crore |
IPO Dates and Offer Details
Here are the key IPO dates and offer details you may want to know. The public issue started on Dec 14, 2021. It ended on Dec 16, 2021. The listing took place on Dec 24, 2021. The shares got listed on the BSE and the National Stock Exchange.
The issue had 1,00,55,114 equity share units. It included both new shares and shares put up for sale. The business only got money from the new shares, also called the fresh issue. Now, let’s talk about when people could apply, when shares were given out, the lot size, and how much was set aside for each group. We will keep the focus on the equity share and the lot size to make this clear and easy for you to follow.
Application Window, Allotment and Listing Timeline
The IPO dates were simple to keep in mind. The bidding for this public issue started on Tuesday, Dec 14, 2021. It finished on Thursday, Dec 16, 2021. If you wanted to apply, this was the only time to do it.
The finalization of basis of allotment took place on Tuesday, Dec 21, 2021. The refunds went out a day later, on Dec 22, 2021. The credit of allotted shares for people who got them was planned for Thursday, Dec 23, 2021. This timeline helped people see what happened after the bidding was closed.
The Data Patterns IPO listing date was Friday, Dec 24, 2021. If you want to know when the shares were given out, the allotment date was Dec 21, 2021. If you got shares of Data Patterns, these will show in your demat account before the IPO listing date. This lets you see the shares in your demat account before trading starts in the market.
Lot Size, Reservation Categorization, and Issue Size
The issue had 1,00,55,114 shares. It was worth about ₹588 crore. For many retail investors, the lot size was very important. The minimum order quantity was 25 shares. People had to make bids for groups of 25 shares.
The reservation was split between institutional investors, non-institutional investors, and retail investors. In the QIB part, anchor investors were given their own share. This kind of setup is common in a book-built public issue. It shows how much demand there is from each group of investors.
- The lot size was set at 25 shares. That means, if a retail investor picked the upper price, they had to spend at least ₹14,625.
- A retail investor could try for up to 13 lots. This is a total of 325 shares.
- QIBs, along with anchor investors, got 50% of the shares. Out of this, anchor investors got 30% of the total.
- NIIs got 15% of the shares. Retail investors got 35%.
- The issue size had a fresh issue of ₹240 crore and an offer for sale of ₹348.22 crore.
Navigating Subscription and Live Status
If you want to see how much interest investors have, you can look at the subscription status when people are bidding. For data patterns, the total subscription was 82.80 times. This shows there was a lot of demand for the issue.
You can often stay up to date with this kind of update when you use an ipo research platform or a premium ipo research platform. These platforms let you see bidding by group. If you apply through ASBA or net banking, you can also watch live demand. This helps you know how much the offer is subscribed before it ends.
Steps to Check Real-Time Subscription Updates
You can check your subscription status in real-time if you know where to look. When an IPO window opens, many use an ipo research platform. This platform shows how many times each type is taken up. It helps people quickly see what is happening.
For Data Patterns, you can see all the details for each category on a premium ipo research platform. Right now, the main number shows there is about 82.80 times overall subscription. This helps you know how much people want the Data Patterns shares in the market. But, this does not mean you will get ipo allotment status for sure.
- Go to a trusted IPO research platform to get live updates for each group.
- Check how many bids and shares there are for retail, NII, and QIB groups.
- Match the highest numbers with how you sent your application, like net banking with ASBA or UPI through a broker.
- When the IPO ends, you can stop watching the subscription status and start looking for allotment updates with the registrar.
- Use your application number, PAN, or demat info to know the final status.
Platforms and Methods for IPO Application
You can send an IPO application for Data Patterns in two ways. You can use UPI with a broker. Or you can use ASBA with net banking. In both ways, you need to have a demat account. This is needed because if you get shares, they will go into your demat account.
Before, brokers like Zerodha had their own ways for you to apply. You had to say how many shares you wanted, the price, and share your UPI ID. After that, you used your UPI app to say yes. With ASBA, you use your bank account. The note also shares ways you can do this with HDFC Bank and SBI Bank.
- Log in to your broker or bank portal.
- Go to the IPO section and choose the Data Patterns issue.
- Fill out the IPO application form. Put in the bid amount and the price you want.
- Check your bank account, UPI ID, and all the related documents before you send your form.
- Confirm the payment block. Then wait to see if you get the shares in your demat account.
Grey Market Premium and Expected Listing Performance
The grey market premium, or GMP, is important for people who watch the Data Patterns IPO. Many use the grey market to see how much interest there is in a stock before it is on the exchange. A high GMP can mean that retail and institutional investors are very keen on the company. This can show there is a good outlook for Data Patterns in the market. As Data Patterns has strengths in aerospace electronics and engineering services, a lot of people feel it can do well once it is listed. This gives new and old investors a reason to feel good about the company’s future.
Latest Trends in GMP for Data Patterns IPO
The recent changes in the grey market premium (GMP) for the Data Patterns IPO show that many retail and institutional investors are paying more attention to it. As the public issue gets closer, the GMP keeps moving up and down. People feel that this up and down shows what they think about the market and what demand there will be for it. Right now the buzz is strong for this aerospace electronics solutions provider. This is because the company has its own way to make defense products in India. A lot of investors, and also institutional investors, are watching the GMP. They do this because the GMP gives people an idea about what to expect when the shares start trading after the IPO. Data Patterns’ focus as an aerospace electronics solutions provider is making more people want to know what will come next.
Projected Listing Price and Market Expectations
If you wanted to guess what the price would be before it got listed, you might think it would be high. Many people in the market feel this way because the company got subscribed 82.80 times. Also, the sector is very popular. But guesses about the price before listing are just that—they are only guesses. No one will know the real price until the market opens.
The data patterns IPO listing date was Dec 24, 2021. On that day, the stock began at ₹864 on BSE. It opened at ₹856.05 on NSE. Both prices were much higher than the issue price of ₹585. This means the real opening price was a lot more than what was first given. If you want to know about the data patterns IPO listing date or how the listing did on its first day, you can find your answer here.
Later in the day, the stock price went down from its opening level. But it was still higher than the issue price. At the end, the stock was around ₹754.85 on BSE and ₹755 on NSE. So, the market had a good start and their hopes were met. Still, there were some ups and downs during the day.
Reviewing Company Financials and Investment Risks
Before you put your money in something, you need to look at the financial strengths and market risks. Data Patterns has shown it can grow, make more, and increase its worth. This gives investors a good base to think about.
A business can still have some risk, even when it shows good financial results and has strong company’s core competencies. This can happen if problems are already clear in the price. It can also happen if how people feel about the industry changes.
The next parts will talk about revenue, net profit, book value, and the main risks. Many of these risks come from growth, working capital, and staying focused on valuation.
Financial Strengths and Recent Results
The company’s financial results show good growth over time. The total income went up from ₹132.51 crore in FY19 to ₹226.55 crore in FY21. The net profit after tax also grew from ₹7.70 crore in FY19 to ₹55.57 crore in FY21. This shows the company is now making more net profit.
The net worth of the company was ₹207.47 crore on March 31, 2021. The total assets stood at ₹328.37 crore. This data does not show the book value for each share. Still, you can see that the balance sheet is better compared to earlier years.
Another good thing is how the business works. The company does more than just make things. It also has engineering services opportunities in design, testing, checking, and support. The mix of these services and having qualified engineers at a certified place helps people see the company as more than just a normal part seller. Investors feel the business gives more than just parts.
Key Risks to Consider Before Investing
No IPO is without some risk, and the Data Patterns one was the same. Someone in the review said the shares looked fully priced based on what the company earns now. People feel good about this sector in the long run, but the price you pay for data patterns is still key. This tells us that picking the right value is important.
You should know that the money from the issue was used in a few ways. A part went to pay debt. A part was used to make things better at the company. Some of the money also went to general corporate purposes, which can mean many things. The money may also help with working capital requirements and further expansion. These actions can help the company get bigger, but they must be handled the right way.
- There was a risk with the price because one market review said that the price for this issue was high.
- Market risks can still hurt stocks linked to defense, even if many people want to buy at the IPO stage.
- When the business grows, the need for working capital can also go up.
- Further expansion and the growth of the facility must happen on time.
- Some of the new funds were saved for general corporate purposes, not only for projects that were planned.
Data Patterns IPO Allotment and Share Price Discovery
Many people who applied wanted to know two things. Did they get the allotted shares? Where could they check the stock after it was listed? The data patterns IPO allotment was finished on Dec 21, 2021.
Once the listing began, people could find the share price on the exchanges. So, the best way to follow the stock after the IPO is to look at the live prices on BSE and NSE. In the next sections, you will see how to check the data patterns ipo allotment status. You will also read about how to watch the price move for data patterns in the securities market.
Allotment Date and How to Check Status
The finalization of basis of allotment for the Data Patterns IPO was done on Tuesday, Dec 21, 2021. If you filled out an application for it, this is the day linked to the main ipo allotment status process.
After that, refunds got fixed for Dec 22, 2021. The allotted shares came into your demat account on Dec 23, 2021. So, if you got any allotted shares, they would be in your demat account before Dec 24, 2021, which is the day they were listed.
To check your Data Patterns IPO allotment status, you need to use the registrar listed with the IPO details. You should have some details like your application number, PAN, or information from your demat account ready. The Data Patterns IPO allotment was made on December 21. You can look up your Data Patterns IPO allotment status by visiting the website of the registrar handling the issue.
How to Track Post-IPO Share Price Movements
After the data patterns IPO listing date on Dec 24, 2021, the stock began normal trading in the securities market. If you want to know how the share price did after listing, you have to check the BSE and NSE. This is where data patterns started trading after the IPO.
The data shows what happened with the stock on listing day. On BSE, the stock opened at ₹864. That day, it went up to ₹864 and went down to ₹744.05. The last price for the day was ₹754.85. On NSE, the stock began at ₹856.05. The highest price was ₹864, and the lowest was ₹743.85. The last price of the day was ₹755.
These numbers show how the share price can change quickly. When there are strong ideas or news about the market, the price may go up right at the start. But, it can also move fast at any time during the day. If you want to see live prices, you can get them from the exchange feeds or on your broker trading platform.
Conclusion
To sum up, it is good for you to know about the Data Patterns IPO if you want to be a smart investor. Keep an eye on the key dates, the way people feel about the market, and the subscription status. This can help you use your money in a better way. You should also read the numbers for the company and think about the risks before you put in your money. When you look at this chance, make sure to follow news about the market and how the business is doing. If you feel ready, you can get more details and get the most from the Data Patterns IPO.
Frequently Asked Questions
Is Data Patterns a good investment based on its IPO review?
Based on the review, Data Patterns looked good if you want to put your money in for many years. This is because the company showed better net profit and stronger financial results as time went on. It also has strong skills in building aerospace platforms. Still, the price was not low, so there could be some market risks and people may have questions about the value.
Where and how can I check the allotment status for Data Patterns IPO?
You can check your data patterns IPO allotment status after the finalization of basis of allotment on Dec 21, 2021. To do this, use the registrar who is handling the issue. If you get shares, they will be in your demat account by Dec 23. This way, you will know for sure about your data patterns IPO allotment status.
How do I apply for the Data Patterns IPO online?
You can apply for an IPO online by using ASBA in net banking. You may also do this with a broker and UPI. You will need a demat account and a bank account. You have to fill in the IPO application form with the number of shares, the price, and approve the payment. Make sure you finish your IPO application before the last date.
